Elcid Investments Ltd

Elcid Investments Ltd

₹ 3.37 4.98%
10 Nov 2023
About

Elcid Investments is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) under the category of Investment Company.

Key Points

Shareholding in Asian Paints
The company holds 2.95% stake in Asian Paints Ltd.[1]
It also has 2 wholly owned subsidiaries viz. Murahar Investments & Trading Co Ltd and Suptaswar Investments & Trading Co Ltd[2] which holds 0.60% and 0.68% in Asian Paints respectively.[1]
It holds ~4.2% stake in the company which has a total value of ~12,664 crores as on December 2022.[3]

  • Market Cap 0.07 Cr.
  • Current Price 3.37
  • High / Low 3.37 / 3.21
  • Stock P/E 0.00
  • Book Value 6,41,181
  • Dividend Yield 742 %
  • ROCE 0.87 %
  • ROE 0.62 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.00 times its book value
  • Stock is providing a good dividend yield of 742%.
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 0.81% over last 3 years.
  • Dividend payout has been low at 0.45% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
49 6 87 21 24 3 64 32 28 3 128 23 60
0 0 1 1 1 1 18 1 2 2 1 1 1
Operating Profit 49 6 86 20 23 2 45 30 26 1 128 22 59
OPM % 100% 95% 99% 97% 97% 71% 71% 96% 94% 37% 99% 96% 98%
0 0 0 0 0 0 0 0 0 0 0 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 49 6 86 20 23 2 45 30 26 1 127 22 59
Tax % 24% 32% 24% 22% 27% -35% 30% 26% 26% 141% 24% 29% 22%
37 4 65 16 17 3 32 22 19 -0 97 16 46
EPS in Rs 1,839.50 204.00 3,272.00 791.50 836.00 128.00 1,578.50 1,115.00 958.00 -18.50 4,870.50 778.00 2,311.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
15 19 23 31 31 37 48 61 78 108 135 109 214
0 0 0 0 1 1 1 2 6 1 3 6 5
Operating Profit 15 19 23 31 30 36 47 59 72 107 132 103 209
OPM % 98% 98% 99% 99% 98% 98% 98% 97% 92% 99% 98% 94% 98%
0 0 -0 0 0 0 0 0 0 0 0 0 2
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 1 1 1
Profit before tax 15 19 23 31 30 36 47 59 72 107 131 102 210
Tax % 1% 1% 2% 2% 1% 2% 1% 8% -2% 24% 24% 28%
15 19 23 30 30 35 46 55 73 81 100 73 159
EPS in Rs 742.00 944.00 1,132.50 1,490.50 1,476.00 1,757.00 2,315.50 2,727.00 3,659.00 4,052.50 5,002.00 3,670.50 7,941.00
Dividend Payout % 1% 1% 1% 1% 1% 1% 1% 1% 0% 0% 0% 1%
Compounded Sales Growth
10 Years: 19%
5 Years: 18%
3 Years: 12%
TTM: 70%
Compounded Profit Growth
10 Years: 15%
5 Years: 10%
3 Years: 0%
TTM: 110%
Stock Price CAGR
10 Years: %
5 Years: -11%
3 Years: -39%
1 Year: %
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Reserves 77 96 118 148 177 212 258 5,133 6,952 10,165 12,329 11,192 12,823
0 0 0 0 0 0 0 0 0 0 0 0 0
1 1 0 0 0 0 1 1,306 268 692 850 754 878
Total Liabilities 78 97 119 148 178 213 259 6,439 7,220 10,857 13,179 11,946 13,701
0 0 0 0 1 1 3 3 2 18 19 19 20
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 71 88 115 145 174 206 252 6,436 7,211 10,831 13,159 11,916 13,676
7 9 3 3 2 5 4 1 7 9 1 11 5
Total Assets 78 97 119 148 178 213 259 6,439 7,220 10,857 13,179 11,946 13,701

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 -4 5 -1 -0 0 -1 -1 -1 14 61 37
-1 3 -4 0 0 0 0 1 8 -12 -68 -27
-0 -0 -0 -0 -0 0 -0 -0 -0 -0 -0 -0
Net Cash Flow 0 -1 0 -1 -0 0 -1 -0 6 2 -7 10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 65 112 -5 -3 2 -2 -3 2 -0 -14 -40 -32
ROCE % 21% 22% 22% 23% 18% 18% 20% 2% 1% 1% 1% 1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
25.03% 25.03% 25.00% 25.01% 25.01% 25.01% 25.00% 25.00% 25.01% 25.00% 25.01% 24.99%
No. of Shareholders 257270281276281285283286292299301307

Documents